BASE CASE

2014$/MMBtu Brent JCC NBP JKM HH Brent - Base Case

$/MMBtu $/MMBtu $/MMBtu $/MMBtu $/MMBtu $/Bbl
2012 19.32 19.92 9.47 15.12 2.75 112.04
2013 18.77 19.06 10.63 16.58 3.72 108.88
2014 17.07 18.63 8.26 13.87 4.34 98.99
2015 11.50 11.73 6.73 7.84 4.15 66.69
2016 13.43 13.39 7.19 9.34 4.23 77.91
2017 14.26 14.23 7.48 10.02 3.89 82.69
2018 15.08 15.07 7.74 10.65 3.92 87.46
2019 16.10 16.08 8.03 11.39 4.16 93.41
2020 16.93 16.94 8.59 12.41 4.66 98.20
2021 17.56 17.60 8.91 13.02 4.82 101.84
2022 18.09 18.16 9.18 13.50 4.87 104.94
2023 18.72 18.78 9.37 13.89 5.15 108.56
2024 19.22 19.31 9.64 14.09 5.56 111.50
2025 19.53 19.64 9.68 14.29 5.62 113.26
2026 19.62 19.77 9.71 14.48 5.72 113.82
2027 19.72 19.87 9.79 14.55 5.75 114.39
2028 19.82 19.97 9.85 14.60 5.83 114.96
2029 19.92 20.07 9.91 14.65 5.93 115.54
2030 20.02 20.17 9.94 14.65 6.02 116.12
Brent - Low Oil Price Scenario
$/Bbl Index
112.04
108.88
98.99
51.94
59.77 1.0197151509495
63.44 0.9180835528761
65.09 1.0087156430319
68.77 1.062279555108
74.16 1.1201176182336
77.45 1.0341437571085
81.49 1.0106195917279
86.09 1.056571091562
92.15 1.0798848176098
94.71 1.0112450648218
97.28 1.0163253819942
97.85 1.0063067147512
98.43 1.0129728482086
99.51 1.0178031985671
100.09 1.0144901159865